2 Bed Flat, Single Let, Cardiff, CF11 7QA, £140,000

2 Seager Drive, Windsor Quay, Cardiff, CF11 7QA - 5 months ago

Leasehold
BTL
ROI: 8%
~68 m²
+15 photos

ValuationUndervalued

Sold Prices£104.5K - £317.5K
Sold Prices/m²£1.9K/m² - £3.6K/m²

 

 

Square Metres

~68.11 m²
Price/m²£2.1K/m²

Value Estimate

£174,910
BMV25%

Cashflows

Cash In

 

Purchase Finance

Mortgage

Deposit (25%)

£35,000

Stamp Duty & Legal Fees

£8,200

Total Cash In

£43,200

 

 

Cash Out

 

Rent Range

£800 - £2,500

Rent Estimate

£950

Running Costs/mo

£648

Cashflow/mo

£303

Cashflow/yr

£3,630

ROI

8%

Gross Yield

8%

Local Sold Prices

50 sold prices from £104.5K to £317.5K, average is £135K. £1.9K/m² to £3.6K/m², average is £2.6K/m².

PriceDateDistanceAddressBeds 
£119K11/200.01 mi20, Seager Drive, Cardiff CF11 7QA2
£130K10/210.01 mi12, Seager Drive, Cardiff CF11 7QA2
£135K03/230.01 mi20, Seager Drive, Cardiff CF11 7QA2
£134.9K02/230.02 mi52, Harrison Way, Cardiff CF11 7PE2
£152K12/220.02 mi51, Harrison Way, Cardiff CF11 7PE2
£123K07/210.02 mi54, Harrison Way, Cardiff CF11 7PE2
£119K10/200.03 mi21, Morel Court, Cardiff CF11 7FF2
£121K06/210.03 mi3, Morel Court, Cardiff CF11 7FF2
£132K03/230.04 mi82, Harrison Way, Cardiff CF11 7GX2
£127.5K06/210.06 mi87, Seager Drive, Cardiff CF11 7FD2
£149K11/220.06 mi87, Seager Drive, Cardiff CF11 7FD2
£124K01/210.06 mi10, Claymore Place, Cardiff CF11 7JJ2
£152K11/220.06 mi11, Claymore Place, Cardiff CF11 7JJ2
£135K03/210.06 mi7, Shearman Place, Cardiff CF11 7FA2
£124K11/200.07 mi5, Campbell Drive, Cardiff CF11 7QE2
£128K04/210.07 mi13, Campbell Drive, Cardiff CF11 7QE2
£120K08/210.1 mi53, Cory Place, Cardiff CF11 7QB2
£129K03/210.1 mi9, Cory Place, Cardiff CF11 7QB2
£130K12/200.1 mi61, Cory Place, Cardiff CF11 7QB2
£142K11/200.1 mi13, Oleary Drive, Cardiff CF11 7EB2
£130K10/200.1 mi23, Oleary Drive, Cardiff CF11 7EB2
£155K12/220.1 mi35, O'leary Drive, Cardiff CF11 7EB2
£135K12/210.1 mi40, Oleary Drive, Cardiff CF11 7EB2
£150K02/230.1 mi22, O'leary Drive, Cardiff CF11 7EB2
£151K06/230.11 mi6, O'leary Drive, Cardiff CF11 7EB2
£140K05/210.11 mi19, Oleary Drive, Cardiff CF11 7EB2
£163K04/230.11 mi13, O'leary Drive, Cardiff CF11 7EB2
£150K06/230.11 mi9, O'leary Drive, Cardiff CF11 7EB2
£161K12/220.12 mi40, Campbell Drive, Cardiff CF11 7TQ2
£131K10/200.12 mi58, Campbell Drive, Cardiff CF11 7TQ2
£125K06/210.12 mi50, Campbell Drive, Peasedown St John, Cardiff CF11 7TQ2
£142K02/210.12 mi136, Campbell Drive, Cardiff CF11 7TQ2
£130K11/200.13 mi100, Seager Drive, Cardiff CF11 7FE2
£130K11/200.13 mi137, Seager Drive, Cardiff CF11 7FE2
£110K11/200.13 mi132, Seager Drive, Cardiff CF11 7FE2
£133.5K10/200.13 mi151, Seager Drive, Cardiff CF11 7FE2
£156K12/220.19 mi184, Ffordd James Mcghan, Cardiff CF11 7JU2
£172.5K07/230.31 mi91, Jim Driscoll Way, Cardiff CF11 7JN2
£170K12/220.34 mi56, Jim Driscoll Way, Cardiff CF11 7JL2
£170K02/230.38 mi18, Jim Driscoll Way, Cardiff CF11 7JA2
£160K06/210.44 mi65, Grangemoor Court, Cardiff CF11 0AA2
£145K12/200.46 mi31, Grangemoor Court, Cardiff CF11 0AL2
£140K06/210.48 mi216b, Clive Street, Cardiff CF11 7JG2
£170K05/210.49 mi106, Jim Driscoll Way, Cardiff CF11 7JR2
£210K03/230.49 mi131, Jim Driscoll Way, Cardiff CF11 7JR2
£317.5K12/200.52 mi48, Windsor Esplanade, Cardiff CF10 5BG2
£104.5K12/200.6 mi21, Eleanor Place, Cardiff CF10 5BJ2
£210K01/230.64 miApartment 10, The Anchorage, River Walk, Penarth, The Vale Of Glamorgan CF64 1SX2
£110K09/230.64 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2
£110K04/210.64 miFlat 20, Cogan Court, Cogan Pill Road, Llandough, Penarth, The Vale Of Glamorgan CF64 2NQ2

Local Rents

50 rents from £800/mo to £2.5K/mo, average is £1.1K/mo.

RentDateDistanceAddressBeds 
£97503/240.01 miSeager Drive, Windsor Quay, Cardiff Bay2
£1,10005/240.02 miHarrison Way, Cardiff Bay2
£1,20003/240.04 miHarrison Way, Cardiff Bay2
£95012/240.04 miHarrison Way, Windsor Quay, Cardiff Bay2
£1,00003/240.06 miSeager Drive, Windsor Quay, Cardiff Bay2
£80004/240.07 miCampbell Drive, Windsor Quay, Cardiff Bay2
£1,05005/240.07 miCampbell Drive, Cardiff Bay, Cardiff2
£95003/240.07 miFfordd James Mcghan, Cardiff, CF112
£1,05003/240.08 miKestell Drive, Cardiff Bay2
£1,05004/240.08 miKestell Drive, Cardiff Bay2
£1,00003/240.09 miFfordd James McGhan, Cardiff Bay2
£1,10004/240.09 miFfordd James McGhan, Cardiff2
£95004/240.1 mi-2
£1,27005/240.1 mi-2
£1,27004/240.1 miWindsor Quay, Cardiff, CF112
£1,20003/240.12 miFfordd James McGhan, Ferry Road, Cardiff Bay2
£95003/240.12 miCampbell Drive, CARDIFF2
£99510/230.13 mi-2
£99504/240.14 miFfordd James McGhan, Cardiff, 2
£1,10003/240.17 mi67 Beatrix House, Victoria Wharf, Dunleavy Drive2
£1,10003/240.18 miJones Point House , Ferry Court, Cardiff2
£1,17503/240.18 miFerry Court, CARDIFF2
£1,10003/240.18 miJones Point House, Prospect Place, 4th Floor2
£1,10003/240.18 miAlderney House, Prospect Place, 1st Floor2
£1,10003/240.18 miAlderney House, Prospect Place, 1st Floor2
£1,05003/240.18 miGreat Ormes House, Ferry Court, Cardiff2
£1,40011/230.19 mi-2
£1,30012/240.19 mi-2
£1,10004/240.19 mi-2
£1,10003/240.19 miFerry Court, Cardiff, CF112
£1,30004/240.19 miLady Isle House, Ferry Court, Prospect Place2
£1,30005/240.19 miLady Isle House, Prospect Place2
£2,50003/240.2 miLady Isle House, Prospect Place, Cardiff Bay2
£1,20003/240.2 miLady Isle House, Prospect Place, Cardiff Bay2
£1,12510/230.2 mi-2
£1,12502/250.2 mi-2
£1,20011/230.2 miFerry Court,Cardiff,CF112
£1,00004/240.2 miFfordd James McGhan, CARDIFF2
£1,10003/240.21 miFfordd James Mcghan, Cardiff Bay2
£1,30004/240.21 miFerry Court, Cardiff, CF112
£99503/240.23 mi-2
£99503/240.23 miFerry Court, Cardiff, CF112
£99503/240.23 miFerry Court, Cardiff, CF112
£1,15003/240.23 miAlderney House, Ferry Court, Cardiff2
£1,27503/240.23 miAlderney House, Prospect Place, Cardiff2
£1,30005/240.23 miDaavar House, Ferry Court, Prospect Place, Cardiff Bay, CF112
£1,27505/240.23 mi-2
£1,27510/240.23 mi-2
£1,45003/240.23 miBreakwater House, Prospect Place2
£1,15003/240.23 miBreakwater House, Prospect Place2

Local Area Statistics

Population in CF11

36,147

Population in Cardiff

357,494

Town centre distance

3.17 miles away

Nearest school

0.60 miles away

Nearest train station

0.78 miles away

 

 

Rental demand

Landlord's market

Rental growth (12m)

+14%

Sales demand

Balanced market

Capital growth (5yrs)

+39%

Property History

Price changed to £140,000

March 12, 2025

Price changed to £145,000

February 24, 2025

Price changed to £149,500

January 23, 2025

Listed for £147,500

November 1, 2024

Floor Plans

Description

  • NO CHAIN +
  • Ideal First Time Purchase +
  • One Bedroom Ground Floor Apartment +
  • Allocated Parking Space +
  • EPC Rating C +

DESCRIPTION NO CHAIN* *IDEAL FIRST TIME PURCHASE OR INVESTMENT MGY are pleased to present for sale a two bedroom, ground floor apartment in the popular Windsor Quay development. Walking distance to Cardiff Bay Retail Park and with excellent links to the A4232 and M4. Mermaid Quay is also close by, offering a variety of bars, shops and restaurants. Frequent public transport which is easily accessible, linking to Cardiff City Centre and surrounding areas. The accommodation comprises of entrance hall, open plan lounge/kitchen, two bedrooms and bathroom. The property further benefits from double glazing throughout, an allocated parking space and visitor parking. Low service charges. Ideal first time purchase or investment. Viewing recommended.  

HALLWAY Entered via wooden door with security spy hole. Large entrance hall. Wall mounted security entry intercom system. Laminate wood effect flooring. Wall mounted electric storage heater.  

LOUNGE 13' 5" x 10' 11" (4.10m x 3.34m) Double glazed uPVC window to front aspect. Laminate wood effect flooring. Wall mounted electric storage heater. TV Aerial point. Telephone point.  

KITCHEN 10' 11" x 7' 6" (3.34m x 2.29m) Laminate wood effect flooring. Part tiled walls. Wall and base units incorporating stainless steel sink and drainer. Ample storage. Integrated electric oven with four ring electric Logic hob and extractor hood over. Space for washing machine and fridge freezer. Extractor fan.  

BEDROOM ONE 13' 5" x 8' 0" (4.10m x 2.46m) Double glazed uPVC windows to front aspect. Spacious double bedroom. Laminate wood effect flooring. Wall mounted electric storage heater. One large storage cupboard, housing hot water tank.  

BEDROOM TWO 9' 8" x 6' 3" (2.95m x 1.93m) Double glazed uPVC window to rear aspect. Laminate wood effect flooring. Wall mounted electric panel heater.  

BATHROOM Double glazed obscure window to rear aspect. Tiled flooring and partly tiled walls. Pedestal wash hand basin with hot and cold taps over and wall mounted vanity mirror above. WC. Panelled bath with hot and cold tap over and electric powered shower above. Extractor fan.  

PARKING Allocated parking space. Visitor parking.  

TENURE MGY are advised that the property is leasehold, with a term of 999 years from the 1st Jan 1990. Service charges vary annually, however for Jul 24-Jun 25 this will be £1592.37 per annum, which includes building insurance, security entry intercom system, maintenance of internal and external communal areas, regular cleaning and refuse disposal, an allocated parking space and visitor parking. Ground rent £55 per annum.

Agent Details

MGY, Cardiff

029 2271 1494

Next Steps?

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